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Dutch Parliament Refuses Online Poker to Monopoly Holding Casino
04/04/08 06:45 Filed in: Casino
News | Poker News
The Dutch
government recently turned down a bill which would grant
Holland
Casino the exclusive
rights to provide a Netherlands based online
casino to citizens. The
company holds the monopoly for gambling in the Netherlands and was
hoping to expand their market by offering the only viable service
for Internet
poker playing within the
nation.
Various factors resulted in the Dutch Parliament refusing the expansion of Holland Casino’s monopoly which was overturned by only two votes in the company’s appeal to the Netherlands government. Ministers hope that by voting against the appeal it will dampen Dutch gambling practices by stopping another outlet to online poker playing although gaming betters will still find ample venues internationally and within the EU itself.
The parliamentary move has also dealt a minor blow to Holland Casino’s software provider, CryptoLogic who have been working with the corporation for over a year on developing the proposed online casino. With the denial of a Dutch internet casino option CryptoLogic will no longer be able to benefit from the revenue sharing system they had put in motion during their time working for Holland Casino. Brian Hadfield, the software corporation’s CEO remains optimistic however as he and the rest of his team at CryptoLogic were anticipating the refusal of such a bill and continue to work for other clients.
Various factors resulted in the Dutch Parliament refusing the expansion of Holland Casino’s monopoly which was overturned by only two votes in the company’s appeal to the Netherlands government. Ministers hope that by voting against the appeal it will dampen Dutch gambling practices by stopping another outlet to online poker playing although gaming betters will still find ample venues internationally and within the EU itself.
The parliamentary move has also dealt a minor blow to Holland Casino’s software provider, CryptoLogic who have been working with the corporation for over a year on developing the proposed online casino. With the denial of a Dutch internet casino option CryptoLogic will no longer be able to benefit from the revenue sharing system they had put in motion during their time working for Holland Casino. Brian Hadfield, the software corporation’s CEO remains optimistic however as he and the rest of his team at CryptoLogic were anticipating the refusal of such a bill and continue to work for other clients.
